WEDNESDAY WHOA: DIDDY TOPS 'FORBES LIST' OF HIP HOPS WEALTHIEST ARTISTS. #BADBOY4LIFE!

Sean "Diddy" Combs climbs to the top of hip-hop once again. The New York native scores the No. 1 slot on the Forbes Five: Hip-Hop's Wealthiest Artists 2012, a list of hip-hop's highest-earning artists. Besides Diddy, Jay-Z, Dr. Dre, Birdman and 50 Cent each have a place.

According to Forbes, the Bad Boy Records mogul has a net worth of $550 million, according to Forbes. He is the closest of the five rap stars to becoming a billionaire. Ciroc vodka, clothing lines Sean John and Enyce, his record label, various tech startups and his marketing firm Blue Flame all attribute to his wealth